Nanaimo Housing - Mortgages and Subsidies


In Nanaimo 58.7% of home owners have a mortgage on their home. 24.4% of home owners in Nanaimo spend more than 30% of their household income on shelter costs. When it comes to rented homes, 13.4% of the rented homes in Nanaimo are subsidized and the remaining 86.6% pay market rent. Subsidized housing is government sponsored economic assistance program aimed towards alleviating housing costs and expenses for people in need with low to moderate incomes. 52.3% of tenants in Nanaimo spend over 30% of their household income on shelter costs.

StatisticDollar Amount
Homes with a mortgage58.70%
Homes spending more than 30% of household income on the home24.40%
Homes that are subsidized by tax payers13.40%
Rented homes where more than 30% of household income is spent on shelter costs52.30%
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